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Sharda Cropchem (BOM:538666) PB Ratio : 1.66 (As of May. 18, 2024)


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What is Sharda Cropchem PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-18), Sharda Cropchem's share price is ₹412.35. Sharda Cropchem's Book Value per Share for the quarter that ended in Mar. 2024 was ₹247.96. Hence, Sharda Cropchem's PB Ratio of today is 1.66.

The historical rank and industry rank for Sharda Cropchem's PB Ratio or its related term are showing as below:

BOM:538666' s PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 2.28   Max: 5.17
Current: 1.66

During the past 11 years, Sharda Cropchem's highest PB Ratio was 5.17. The lowest was 0.67. And the median was 2.28.

BOM:538666's PB Ratio is ranked worse than
57.26% of 241 companies
in the Agriculture industry
Industry Median: 1.47 vs BOM:538666: 1.66

During the past 12 months, Sharda Cropchem's average Book Value Per Share Growth Rate was 0.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.20% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Sharda Cropchem was 20.00% per year. The lowest was 11.50% per year. And the median was 15.45% per year.

Back to Basics: PB Ratio


Sharda Cropchem PB Ratio Historical Data

The historical data trend for Sharda Cropchem's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sharda Cropchem PB Ratio Chart

Sharda Cropchem Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 1.61 2.90 1.98 1.29

Sharda Cropchem Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.98 - 1.82 - 1.29

Competitive Comparison of Sharda Cropchem's PB Ratio

For the Agricultural Inputs subindustry, Sharda Cropchem's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sharda Cropchem's PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sharda Cropchem's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sharda Cropchem's PB Ratio falls into.



Sharda Cropchem PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Sharda Cropchem's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=412.35/247.961
=1.66

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Sharda Cropchem  (BOM:538666) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Sharda Cropchem PB Ratio Related Terms

Thank you for viewing the detailed overview of Sharda Cropchem's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Sharda Cropchem (BOM:538666) Business Description

Traded in Other Exchanges
Address
Dashrathlal Joshi Road, 2nd Floor, Prime Business Park, Vile Parle (West), Mumbai, MH, IND, 400 056
Sharda Cropchem Ltd is an agrochemical company based in India. It markets and sells formulations and active ingredients for agricultural purposes world wide through its subsidiaries. its business is obtained from the European continent. Its customers are also spread across North America, Latin America, and the Rest of the world. The company functions through two segments, which are Agrochemicals, and Non Agrochemicals. The company earns its income through the development and sale of agrochemicals such as insecticides, herbicides, fungicides, and biocides. The company also sells conveyor belts and V-belts under the belts segment.

Sharda Cropchem (BOM:538666) Headlines

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